Social Environment of Business

Meaning of Social Environment

Social or Societary environment of business means all factors which affects business socially . Every business works in a society , so societies ' different factors like family , educational institutions and religion affects
business .

Main elements Of Societies and its effect on Business

1. Family :- Family is basic part of society from the birth of a person and upto death , he lives in family so personal decision of buying and selling of goods are affects from family . In the culture of a family , it may happen that parent does not allow to use any product , then sale of such product will decrease , so businessman must analyze different families needs . Many occasion of family like marriage of any family member , can increase the demand of goods .
2. Educational institutions :- Educational institutions are also main part of societies . They provide good knowledge , education , awareness , thinking what should students buy or not to buy . Suppose if a student is habitual to drink the tea and if his teacher advice him that this is harmful to his health after his guidance students can avoid to drink tea after this the sale of tea will decrease .
3. Religion :- Like family and education institution , religion is also effects the business socially . Religion means the system in which group of persons trust in God . They believe that there is one supernatural power in this earth and its name is God . They gives many name like Ek onkar sat nam , om and many more etc. Different religions have different principles , rules and regulations in which they sacrifice to use some products and to eat some food , in Hindu religion , they never use leather products . They affects the sale of leather industries . So, businessman must analyse the targeted audience and after listening their religious thoughts , he should produce the goods .




"FTDR Act 1992",1,advertising,2,business,29,business environment,43,Business Ethics,1,business glossary,2,business ideas,1,Business Scams,1,Business Test Online,1,Business Tips,1,buyer behavior,3,central bank,1,commerce,11,company,5,company law,2,competition act 2002,2,construction,1,cost,1,credit control,1,debt,1,development bank,2,DOT,1,economic policy,6,education,1,fema 2000,2,fiscal policy,3,govt.,1,hotel,1,how to,6,Human Resource Management,1,india,1,industrial policy,1,inspiration,1,ISO,1,IT Act 2000,2,legal policy,5,loan,1,marketing,9,marketing management,26,mba,7,mba + bank,2,mba first semester,10,mba first semster,2,mis,5,monetary policy,2,mrtp 1969,2,national security,1,NGO,1,presentation,1,price,1,product,1,public relation,1,sales promotion,4,Social Environment,3,structure,1,teasure,1,technology,4,wi-fi,1,
Business Education: Social Environment of Business
Social Environment of Business
Business Education
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy